NYSE : ARLO
Arlo Technologies, Inc. — Financial statements
Industrials · Building Products & Equipment · United States
Last price 14.75 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.59B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Arlo Technologies, Inc. (ARLO) reported revenue of 587.14M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 587.14M | 529.30M | 510.89M | 491.18M | 490.41M | 435.14M |
| Cost of Revenue | 325.22M | 296.46M | 323.38M | 323.61M | 354.38M | 327.10M |
| Gross Profit | 261.92M | 232.84M | 187.50M | 167.56M | 136.03M | 108.03M |
| Selling, General & Admin | 163.59M | 150.94M | 145.86M | 122.51M | 126.01M | 98.40M |
| Research & Development | 85.47M | 73.65M | 73.18M | 68.65M | 64.71M | 59.06M |
| Other Operating Expenses | 5.26M | 2.18M | 3.36M | 1.31M | 387.00K | 1.60M |
| Operating Expenses | 254.32M | 226.77M | 222.40M | 192.47M | 191.11M | 159.06M |
| Operating Income | 7.60M | 6.07M | -34.89M | -24.90M | -55.07M | -51.02M |
| Interest Expense | -553.00K | -378.00K | -490.00K | -373.00K | -277.00K | |
| Interest & Investment Income | 5.57M | 5.83M | 6.07M | 4.31M | 1.20M | 11.00K |
| Other Non Operating Income (Expenses) | 700.00K | -104.00K | 107.00K | 302.00K | 4.78M | |
| EBT Excluding Unusual Items | 13.31M | 11.52M | -29.41M | -20.86M | -53.85M | -46.24M |
| Merger & Restructuring Charges | -1.80M | |||||
| Asset Writedown | -9.12M | |||||
| Other Unusual Items | 12.14M | 4.14M | ||||
| Pretax Income | 31.88M | 15.67M | -29.41M | -20.86M | -55.65M | -55.35M |
| Income Tax Expense | 1.34M | 741.00K | 1.09M | 1.18M | 975.00K | 677.00K |
| Net Income | 30.54M | 14.93M | -30.50M | -22.04M | -56.63M | -56.03M |
| Net Income to Common | 30.54M | 14.93M | -30.50M | -22.04M | -56.63M | -56.03M |
| Shares Outstanding (Basic) | 106.46M | 104.20M | 98.63M | 92.75M | 87.17M | 82.69M |
| Shares Outstanding (Diluted) | 111.86M | 110.16M | 98.63M | 92.75M | 87.17M | 82.69M |
| EPS (Basic) | 0.29 | 0.14 | -0.31 | -0.24 | -0.65 | -0.68 |
| EPS (Diluted) | 0.28 | 0.14 | -0.31 | -0.24 | -0.65 | -0.68 |
| Free Cash Flow | 66.87M | 66.90M | 48.62M | 35.45M | -47.97M | -25.46M |
| Free Cash Flow Per Share | 0.60 | 0.61 | 0.49 | 0.38 | -0.55 | -0.31 |
| Gross Margin | 44.61% | 43.99% | 36.70% | 34.12% | 27.74% | 24.83% |
| Operating Margin | 1.29% | 1.15% | -6.83% | -5.07% | -11.23% | -11.73% |
| Profit Margin | 5.20% | 2.82% | -5.97% | -4.49% | -11.55% | -12.88% |
| Free Cash Flow Margin | 11.39% | 12.64% | 9.52% | 7.22% | -9.78% | -5.85% |
| EBITDA | 14.47M | 10.00M | -31.69M | -20.24M | -50.31M | -45.05M |
| EBITDA Margin | 2.46% | 1.89% | -6.20% | -4.12% | -10.26% | -10.35% |
| D&A For EBITDA | 6.87M | 3.93M | 3.20M | 4.66M | 4.77M | 5.97M |
| EBIT | 7.60M | 6.07M | -34.89M | -24.90M | -55.07M | -51.02M |
| EBIT Margin | 1.29% | 1.15% | -6.83% | -5.07% | -11.23% | -11.72% |
| Effective Tax Rate | 4.20% | 4.73% | ||||
| Revenue as Reported | 587.14M | 529.30M | 510.89M | 491.18M | 490.41M | 435.14M |
| Advertising Expenses | 19.40M | 18.90M | 17.90M | 27.10M | 9.60M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 101.38M | 146.44M | 82.03M | 56.52M | 84.02M | 175.75M |
| Short-Term Investments | 39.75M | 19.98M | 69.42M | 79.97M | 29.70M | |
| Cash & Short-Term Investments | 141.13M | 166.43M | 151.45M | 136.50M | 113.72M | 175.75M |
| Accounts Receivable | 63.61M | 39.67M | 57.33M | 65.36M | 65.96M | 79.56M |
| Receivables | 63.61M | 39.67M | 57.33M | 65.36M | 65.96M | 79.56M |
| Inventory | 48.41M | 41.19M | 40.63M | 38.41M | 46.55M | 38.39M |
| Prepaid Expenses | 17.58M | 13.21M | 13.19M | 10.27M | 6.54M | 9.92M |
| Total Current Assets | 272.65M | 260.49M | 262.61M | 250.53M | 232.78M | 303.62M |
| Property, Plant & Equipment | 24.16M | 22.35M | 20.46M | 16.21M | 20.14M | 24.41M |
| Long-Term Investments | 12.50M | |||||
| Goodwill | 47.94M | 11.04M | 11.04M | 11.04M | 11.04M | 11.04M |
| Other Intangible Assets | 25.71M | |||||
| Long-Term Deferred Tax Assets | 1.56M | |||||
| Other Long-Term Assets | 4.13M | 4.17M | 4.29M | 7.75M | 8.24M | 6.86M |
| Total Assets | 374.58M | 310.55M | 298.40M | 285.54M | 272.20M | 347.49M |
| Accounts Payable | 50.83M | 42.83M | 63.78M | 55.20M | 52.13M | 84.10M |
| Accrued Expenses | 85.37M | 81.19M | 74.08M | 71.15M | 79.03M | 71.49M |
| Current Portion of Leases | 2.01M | 1.91M | 4.61M | |||
| Current Unearned Revenue | 50.84M | 37.14M | 27.25M | 18.04M | 11.29M | 29.44M |
| Other Current Liabilities | 5.40M | 9.27M | 11.65M | 17.06M | 19.83M | 21.29M |
| Total Current Liabilities | 194.46M | 172.34M | 176.76M | 161.45M | 162.28M | 210.93M |
| Long-Term Leases | 5.72M | 6.74M | 18.36M | 17.02M | 19.28M | 21.47M |
| Long-Term Unearned Revenue | 957.00K | 1.48M | 326.00K | 212.00K | 1.34M | |
| Other Long-Term Liabilities | 14.93M | 2.15M | 2.05M | 3.79M | 2.74M | 1.09M |
| Total Liabilities | 216.06M | 182.71M | 197.49M | 182.26M | 184.51M | 234.84M |
| Common Stock | 107.00K | 105.00K | 101.00K | 95.00K | 89.00K | 84.00K |
| Additional Paid-In Capital | 523.55M | 510.76M | 498.74M | 470.32M | 433.14M | 401.37M |
| Retained Earnings | -365.13M | -383.04M | -397.96M | -367.46M | -345.43M | -288.80M |
| Comprehensive Income & Other | 16.00K | 34.00K | 320.00K | -107.00K | ||
| Shareholders' Equity | 158.53M | 127.84M | 100.91M | 103.28M | 87.69M | 112.65M |
| Total Liabilities & Equity | 374.58M | 310.55M | 298.40M | 285.54M | 272.20M | 347.49M |
| Total Debt | 7.73M | 8.65M | 18.36M | 17.02M | 19.28M | 26.08M |
| Net Cash (Debt) | 133.40M | 157.77M | 133.09M | 119.47M | 94.44M | 149.67M |
| Net Cash Per Share | 1.19 | 1.43 | 1.35 | 1.29 | 1.08 | 1.81 |
| Filing Date Shares Outstanding | 107.61M | 106.86M | 102.44M | 96.17M | 89.60M | 84.80M |
| Total Common Shares Outstanding | 107.56M | 105.03M | 100.89M | 95.38M | 88.89M | 84.45M |
| Working Capital | 78.19M | 88.15M | 85.84M | 89.08M | 70.50M | 92.69M |
| Book Value Per Share | 1.47 | 1.22 | 1.00 | 1.08 | 0.99 | 1.33 |
| Tangible Book Value | 84.88M | 116.80M | 89.87M | 92.24M | 76.66M | 101.61M |
| Tangible Book Value Per Share | 0.79 | 1.11 | 0.89 | 0.97 | 0.86 | 1.20 |
| Machinery | 18.62M | 17.91M | 17.13M | 18.13M | 19.24M | 19.77M |
| Leasehold Improvements | 941.00K | 1.39M | 3.30M | 4.66M | 4.66M | 4.92M |
| Order Backlog | 46.30M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 30.54M | 14.93M | -30.50M | -22.04M | -56.63M | -56.03M |
| Depreciation & Amortization | 6.87M | 3.93M | 3.20M | 4.66M | 4.77M | 5.97M |
| Asset Writedown & Restructuring Costs | 9.12M | |||||
| Loss (Gain) From Sale of Investments | -7.94M | -2.66M | -3.26M | -2.00M | 24.00K | -3.00K |
| Stock-Based Compensation | 71.78M | 62.33M | 68.66M | 47.95M | 48.48M | 38.03M |
| Provision & Write-off of Bad Debts | 2.24M | 888.00K | 2.08M | 279.00K | -190.00K | -3.12M |
| Other Operating Activities | -4.09M | -4.36M | -13.00K | 112.00K | 181.00K | -296.00K |
| Change in Accounts Receivable | -2.10M | 17.65M | 8.23M | 690.00K | 13.52M | -1.74M |
| Change in Inventory | -15.37M | -1.43M | -4.51M | 7.78M | -7.89M | 29.26M |
| Change in Accounts Payable | -1.12M | -21.07M | 8.29M | 3.72M | -32.52M | 22.16M |
| Change in Unearned Revenue | 9.26M | 11.06M | 9.44M | 6.61M | -19.28M | -38.92M |
| Change in Other Net Operating Assets | -11.82M | -2.56M | -10.30M | -9.46M | 3.58M | -27.62M |
| Operating Cash Flow | 78.25M | 78.72M | 51.31M | 38.30M | -45.96M | -23.20M |
| Capital Expenditures | -11.37M | -11.83M | -2.69M | -2.85M | -2.01M | -2.27M |
| Cash Acquisitions | -48.16M | |||||
| Investment in Securities | 69.86M | 39.58M | 13.53M | -47.84M | -29.76M | 20.00M |
| Investing Cash Flow | 10.33M | 27.75M | 10.84M | -50.69M | -31.77M | 17.73M |
| Issuance of Common Stock | 3.21M | 3.53M | 8.37M | 8.49M | 4.26M | 8.23M |
| Repurchase of Common Stock | -59.73M | -45.60M | -49.13M | -23.64M | -18.20M | -13.20M |
| Financing Cash Flow | -56.52M | -42.07M | -40.77M | -15.14M | -13.94M | -4.97M |
| Net Cash Flow | 32.06M | 64.41M | 21.38M | -27.53M | -91.68M | -10.44M |
| Free Cash Flow | 66.87M | 66.90M | 48.62M | 35.45M | -47.97M | -25.46M |
| Free Cash Flow Margin | 11.39% | 12.64% | 9.52% | 7.22% | -9.78% | -5.85% |
| Free Cash Flow Per Share | 0.60 | 0.61 | 0.49 | 0.38 | -0.55 | -0.31 |
| Levered Free Cash Flow | 62.50M | 68.76M | 65.25M | 38.16M | -18.59M | 5.77M |
| Unlevered Free Cash Flow | 62.84M | 68.99M | 65.56M | 38.39M | -18.41M | 5.77M |
| Cash Income Tax Paid | 1.22M | 1.22M | 1.16M | 1.20M | 415.00K | 964.00K |
| Change in Working Capital | -21.15M | 3.67M | 11.14M | 9.34M | -42.59M | -16.86M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.60B | 1.48B | 1.12B | 900.86M | 310.54M | 884.30M |
| Enterprise Value | 1.46B | 1.33B | 994.49M | 797.02M | 210.01M | 745.27M |
| Last Close Price | 14.47 | 13.99 | 11.19 | 9.52 | 3.51 | 10.49 |
| PE Ratio | 53.51 | 99.35 | ||||
| Forward PE | 16.93 | 18.79 | 23.31 | 26.36 | ||
| PS Ratio | 2.65 | 2.80 | 2.20 | 1.83 | 0.63 | 2.03 |
| PB Ratio | 9.82 | 11.60 | 11.13 | 8.72 | 3.54 | 7.85 |
| P/TBV Ratio | 18.35 | 12.70 | 12.49 | 9.77 | 4.05 | 8.70 |
| P/FCF Ratio | 23.29 | 22.17 | 23.09 | 25.41 | ||
| P/OCF Ratio | 19.90 | 18.84 | 21.89 | 23.52 | ||
| PEG Ratio | 0.66 | 1.32 | 1.55 | 1.76 | ||
| EV/Sales Ratio | 2.42 | 2.50 | 1.95 | 1.62 | 0.43 | 1.71 |
| EV/EBITDA Ratio | 98.38 | 132.59 | ||||
| EV/EBIT Ratio | 187.26 | 218.44 | ||||
| EV/FCF Ratio | 21.29 | 19.82 | 20.45 | 22.48 | ||
| Debt / Equity Ratio | 0.05 | 0.07 | 0.18 | 0.17 | 0.22 | 0.23 |
| Debt / EBITDA Ratio | 0.43 | 0.58 | ||||
| Debt / FCF Ratio | 0.12 | 0.13 | 0.38 | 0.48 | ||
| Net Debt / Equity Ratio | -0.84 | -1.23 | -1.32 | -1.16 | -1.08 | -1.33 |
| Net Debt / EBITDA Ratio | -9.22 | -15.77 | 4.20 | 5.90 | 1.88 | 3.32 |
| Net Debt / FCF Ratio | -2.00 | -2.36 | -2.74 | -3.37 | 1.97 | 5.88 |
| Asset Turnover | 1.69 | 1.74 | 1.75 | 1.76 | 1.58 | 1.14 |
| Inventory Turnover | 8.20 | 7.25 | 8.18 | 7.62 | 8.34 | 6.35 |
| Quick Ratio | 1.05 | 1.20 | 1.18 | 1.25 | 1.11 | 1.21 |
| Current Ratio | 1.40 | 1.51 | 1.49 | 1.55 | 1.43 | 1.44 |
| Return on Equity (ROE) | 22.07% | 13.05% | -29.88% | -23.08% | -56.53% | -45.47% |
| Return on Assets (ROA) | 1.37% | 1.25% | -7.47% | -5.58% | -11.11% | -8.38% |
| Return on Invested Capital (ROIC) | 28.99% | |||||
| Return on Capital Employed (ROCE) | 4.20% | 4.40% | -28.70% | -20.10% | -50.10% | -37.40% |
| Earnings Yield | 1.87% | 1.01% | -2.72% | -2.45% | -18.23% | -6.34% |
| FCF Yield | 4.29% | 4.51% | 4.33% | 3.94% | -15.45% | -2.88% |
| Buyback Yield / Dilution | -10.06% | -11.69% | -6.33% | -6.40% | -5.42% | -5.90% |